Compliance Action, Volume 20, Number 8

Fair Lending: The Impact of Disparate Impact (4 Action Steps)

When conducting a fair lending discrimination assessment, there are two types of discrimination to consider: overt or intentional and unintentional. Disparate impact analysis, aka the effects test, can help identify and prevent disparate impact.

Exam Preparation: Beating the Regulators to the Punch (3 Action Steps)

Just like studying for a test in high school, knowing how regulators conduct examinations and the hot issues they will be paying extra attention to are the best ways to prepare for regulatory exams.

Action Training
Compliance Management: Briefing Senior Management

At the recent ABA Regulatory Compliance Conference (RCC), attendees where provided some valuable advice on briefing senior management about upcoming compliance issues.

Compliance Notes

• August 1 or October 3?
• Reducing Regulatory Burden
• Co-Signer Alert
• FCC's New Rule Gives Banks Room
• Finance Company Census
• Debt Collection Gets Attention
• Congratulations to Carl Pry

Compliance Calendar

In the Editor's Opinion
How to Protect Consumers

Compliance in the form of consumer protection laws has existed for nearly half a century, and yet we still haven't seem to have mastered the right balance between consumer and financial institution.

Compliance Q & A

• Required Deposit Disclosure Not on New Mortgage Forms
• Purchasing a Title Agency
• HMDA Reporting and New Loan Disclosures

A Letter From Lucy Griffin